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Question 32 1 pts The accountants hired by the Brookside Racquet Club have determined total fixed cost to be $75,000, total variable cost to be

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Question 32 1 pts The accountants hired by the Brookside Racquet Club have determined total fixed cost to be $75,000, total variable cost to be $130,000, and total revenue to be $145,000. Because of this information, in the short run, the Brookside Racquet Club should Oexit the industry. shut down. stay open because shutting down would be more expensive. stay open because the firm is making an economic profit.Question 33 1 pts Suppose a firm operating in a competitive market has the following cost curves: Price 19 - 18 - MC 17 - 16 + 15 14 ATC 8 Quantity If the market price is $10, what is the firm's short-run economic profit? $9 O $15 $50 O $30

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